Monthly Rent Report
Lincoln Park Rent Report — July 2023
Asking rents in ZIP 60614, Chicago, from 519 listings.
Median 1BR rent in Lincoln Park was $1,675 in July 2023, down 27.0% (−$620) from June 2023 and down 6.7% year-over-year. The middle half of 1BR listings asked between $1,666 and $2,338. That puts Lincoln Park $225 above the Chicago citywide 1BR median of $1,450. The month's figures are based on 519 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. June 2023 | Vs. July 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,513 | +$410 (+37.1%) | +$253 (+20.0%) | $1,145 – $2,040 | 8 |
| Studio | $1,620 | +$517 (+46.9%) | +$360 (+28.6%) | $1,350 – $1,946 | 101 |
| 1BR | $1,675 | −$620 (-27.0%) | −$120 (-6.7%) | $1,666 – $2,338 | 3 |
| 1BR | $2,530 | +$235 (+10.2%) | +$735 (+40.9%) | $1,738 – $3,435 | 147 |
| 2BR | $3,225 | −$150 (-4.4%) | +$530 (+19.7%) | $2,600 – $5,084 | 102 |
| 2BR | $4,150 | +$775 (+23.0%) | +$1,455 (+54.0%) | $3,543 – $4,406 | 4 |
| 3BR | $3,595 | −$5 (-0.1%) | −$505 (-12.3%) | $3,185 – $4,195 | 85 |
| 3BR | $4,100 | +$500 (+13.9%) | $0 (0.0%) | $4,000 – $5,100 | 6 |
| 4BR | $4,825 | +$825 (+20.6%) | −$975 (-16.8%) | $3,995 – $5,175 | 57 |
| 4BR | $7,875 | +$3,875 (+96.9%) | +$2,075 (+35.8%) | $7,063 – $8,688 | 2 |
Median, P25, and P75 are asking rents from listings posted in July 2023. Changes compare against the nearest prior month with data.
Lincoln Park vs. Chicago — July 2023
| Bedrooms | Lincoln Park Median | Chicago Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,513 | $1,200 | +$313 (+26.0%) |
| Studio | $1,620 | $1,200 | +$420 (+35.0%) |
| 1BR | $1,675 | $1,450 | +$225 (+15.5%) |
| 1BR | $2,530 | $1,450 | +$1,080 (+74.5%) |
| 2BR | $3,225 | $1,795 | +$1,430 (+79.7%) |
| 2BR | $4,150 | $1,795 | +$2,355 (+131.2%) |
| 3BR | $3,595 | $2,273 | +$1,323 (+58.2%) |
| 3BR | $4,100 | $2,273 | +$1,828 (+80.4%) |
| 4BR | $4,825 | $2,709 | +$2,117 (+78.1%) |
| 4BR | $7,875 | $2,709 | +$5,167 (+190.8%) |
Citywide figure is the median of zip-level medians across 55 Chicago zip codes with listings in July 2023.